THE MINISTRY OF FINANCE
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No. 32/2004/TT-BTC
Hanoi, April 12, 2004
 CIRCULAR
GUIDING THE ISSUANCE OF GOVERNMENT BONDS THROUGH THE STATE TREASURY SYSTEM
In furtherance of the Government's Decree No. 141/2003/ND-CP of November 20, 2003 on the issuance of Government bonds, Government-guaranteed bonds and local-administration bonds, the Finance Ministry hereby guides the issuance of Government bonds through the State Treasury system as follows:
I. GENERAL PROVISIONS
1. Government bonds issued through the State Treasury system mean bonds with a term of one year or more, including Treasury bonds, central-project bonds and foreign-currency bonds (collectively referred to as bonds).
2. The State Treasury system shall directly sell bonds to bond-purchasing organizations and individuals; organize the payment of bond principals and interests and keep and preserve bonds when so requested by bond owners.
3. Basing himself/herself on annual capital mobilization plans, demands for use of the State budget's capital and implementation progress of projects and works, the Finance Minister shall decide on specific contents of each drive of bond issuance through the State Treasury system.